4.4 Legal risk - Scor

Free share plans
The Group also awards free shares to its employees under the following terms:
Date of grant Date of vesting Number of shares
originally granted
Estimated price
on grant date
22 September 2004 10 January 2005 1,962,555 EUR 1.20
7 December 2004 10 January 2005 2,434,453 EUR 1.41
7 December 2004 10 November 2005 2,418,404 EUR 1.41
7 November 2005 1 September 2007 8,471,998 EUR 1.584
4 July 2006 5 July 2008 8,030,000 EUR 1.638
7 November 2006 8 November 2008 666,000 EUR 1.988
21 November 2006 22 November 2008 2,760,000 EUR 2.108
24 May 2007 24 May 2009 1,442,000 EUR 20.85
7 May 2008 8 May 2010 195,000 EUR 15.63
7 May 2008 8 May 2012 84,000 EUR 15.63
26 August 2008 27 August 2010 427,500 EUR 15.16
26 August 2008 27 August 2012 771,500 EUR 15.16
3 March 2009 4 March 2011 65,800 EUR 15.155
3 March 2009 4 March 2013 149,600 EUR 15.155
16 March 2009 17 March 2011 593,500 EUR 15.085
16 March 2009 17 March 2013 694,000 EUR 15.085
15 April 2009 16 April 2011 30,500 EUR 16.29
15 April 2009 16 April 2013 85,500 EUR 16.29
25 November 2009 26 November 2011 72,000 EUR 16.66
25 November 2009 26 November 2013 16,500 EUR 16.66
2 March 2010 3 March 2012 746,430 EUR 18.25
2 March 2010 3 March 2014 862,130 EUR 18.25
12 October 2010 13 October 2012 26,500 EUR 17.91
12 October 2010 13 October 2014 18,410 EUR 17.91
17 December 2010 18 December 2014 6,120 EUR 19.00
7 March 2011 8 March 2013 663,480 EUR 21.06
7 March 2011 8 March 2015 687,060 EUR 21.06
1 September 2011 2 September 2013 15,800 EUR 16.68
1 September 2011 2 September 2015 320,850 EUR 16.68
1 September 2011 (LTIP) 2 September 2017 415,500 EUR 16.68
1 September 2011 (LTIP) 2 September 2019 297,500 EUR 16.68
12 December 2011 13 December 2013 51,340 EUR 17.44
12 December 2011 13 December 2015 108,480 EUR 17.44
19 March 2012 20 March 2014 464,600 EUR 20.49
19 March 2012 20 March 2016 1,226,340 EUR 20.49
3 May 2012 4 May 2014 125,000 EUR 19.815
26 July 2012 27 July 2014 3,180 EUR 19.265
26 July 2012 (LTIP) 27 July 2018 57,500 EUR 19.265
26 July 2012 (LTIP) 27 July 2020 51,000 EUR 19.265
30 October 2012 31 October 2014 74,400 EUR 20.33
30 October 2012 31 October 2016 24,000 EUR 20.33
The terms and conditions of the performance share plan of 19 March 2012, 3 May 2012 and 30 October 2012, similar to
those usually decided by SCOR (notably as regards to the presence conditions for the first two years) provide that after the
vesting period of 2 years for beneficiaries tax resident in France (and an obligation to retain shares for a period of 2 years
after the end of the vesting period) and of 4 years for beneficiaries not tax resident in France, the final acquisition of these
shares will be subject to the condition of presence of 2 years for each non-Partner employee and to the satisfaction of
performance conditions for Partners.
All the allocation of the performance and free share plan of 19 March 2012, 3 May 2012 and 30 October 2012 to the
Chairman and Chief Executive Officer (and those allocated to the other members of the COMEX, to the Executive Global
Partners and to the Senior Global Partners) and half of the allocation to the other Partner beneficiaries (more Junior
Partners), are subject to performance conditions.
257